Which type of distribution does the graph illustrate?
The given graph in the problem represents the uniform distribution.
Given in the question shows that the graph
The supplied graph in the problem illustrates a uniform distribution because the capacity worth is the same for each of the -axis points.
Suppose that the value of a stock varies each day from with a uniform distribution.
a. Find the probability that the value of the stock is more than .
b. Find the probability that the value of the stock is between role="math" localid="1648188993020" .
c. Find the upper quartile - of all days the stock is above what value? Draw the graph.
d. Given that the stock is greater than , find the probability that the stock is more than .
On average, a pair of running shoes can last 18 months if used every day. The length of time running shoes last is exponentially distributed. What is the probability that a pair of running shoes last more than 15 months? On average, how long would six pairs of running shoes last if they are used one after the other? Eighty percent of running shoes last at most how long if used every day?
In major league baseball, a no-hitter is a game in which a pitcher, or pitchers, doesn't give up any hits throughout the game. No-hitters occur at a rate of about three per season. Assume that the duration of time between no-hitters is exponential.
a. What is the probability that an entire season elapses with a single no-hitter?
b. If an entire season elapses without any no-hitters, what is the probability that there are no no-hitters in the following season?
c. What is the probability that there are more than no-hitters in a single season?
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